TMI BlogAmendment in import policy conditions of gold under Chapter 71 of Schedule - I (Import Policy) of ITC (HS), 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... Dated: 5th January, 2022 Subject: Amendment in import policy conditions of gold under Chapter 71 of Schedule - I (Import Policy) of ITC (HS), 2017 S.O. 67 (E): - In exercise of powers conferred by Section 3 read with Section 5 of FT (D R) Act, 1992 , read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020 , as amended from time to time, the Central Government ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ominated agencies as notified by RBI (in case of banks) and DGFT (for other agencies Silver dore can be imported by refineries against a license with AU condition No change in existing Policy Condition 71069190 Unwrought: Others No change in existing Policy Condition 710692 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... other agencies). No change in existing Policy Condition 71081200 Other unwrought forms Restricted Import is allowed only through nominated agencies as notified by RBI (in case of banks) and DGFT(for other agencies). Gold dore can be imported by refineries against a license wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cies as notified by RBI (in case of banks) and DGFT (for other agencies). Import is allowed only through nominated agencies as notified by RBI (in case of banks), DGFT (for other agencies) and IFSCA (for qualified jewellers through India International Bullion Exchange) 2. Import of gold/silver under Advance Authorisation and supply of gold/silver dir ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4.45 of FTP against export orders would continue to be governed by the relevant FTP provisions. This issues with the approval of Minister of Commerce Industry. (Amit Yadav) Director General of Foreign Trade Ex- officio Addl. Secretary to the Government of India (F.No.01/89/180/36/AM-11/PC-2(A)/ E-1678) - Notification Tax Management India - taxmanagementindia - t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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